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Waning fears over U.S. inflation push FTSE 100 to fourth weekly rise
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작성자 Alannah 댓글 0건 조회 335회 작성일 22-10-14 15:36본문
By Sruthi Shankar
Aug 12 (Reuters) - Britain's top share index logged its fourth consecutive week of gains on Friday, as global sentiment got a boost from signs of waning U.S. inflation even as domestic data showed Britain's economy contracted in the second quarter.
The blue-chip FTSE 100 ended 0.5% higher at a two-month high. The index has outperformed its global peers this year, aided by weakness in sterling and online betting its large exposure to energy and Online Betting defensive companies.
Sterling slid against a firming dollar as data showed Britain's economy contracted by 0.1% in the June quarter, online betting compared with forecasts for a 0.3% drop.
Aug 12 (Reuters) - Britain's top share index logged its fourth consecutive week of gains on Friday, as global sentiment got a boost from signs of waning U.S. inflation even as domestic data showed Britain's economy contracted in the second quarter.
The blue-chip FTSE 100 ended 0.5% higher at a two-month high. The index has outperformed its global peers this year, aided by weakness in sterling and online betting its large exposure to energy and Online Betting defensive companies.
Sterling slid against a firming dollar as data showed Britain's economy contracted by 0.1% in the June quarter, online betting compared with forecasts for a 0.3% drop.
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